News Overview

The RBI MPC minutes continue to be cautious about inflation spikes, and the pause in rates could be much longer.

Markets came under pressure, and the coming week is likely to be driven largely by global oil prices, US bond yields and USD.

Nifty closed positive this week despite pressure from banks and IT; as oil, autos and FMCG stole the limelight.

According to a regulatory filing by the bank, the fractional entitlements were aggregated, and the total of those fractions was rounded up to the next whole number and given straight to the trust known as "HDFC Bank Unclaimed factional amount 2023," which is run by Axis Trustee Services Ltd.

Recommendation: Reduce; Target Price: Rs 6300

Furthermore, the BSE Midcap index experienced a drop of 1%, and the Smallcap index also saw a decline of 0.7%, reflecting the widespread negative sentiment in the market.

TVS Motor Company is the first Indian automobile manufacturer to enter the Venezuelan market

Revenue also declined by 5.3% year-on-year to Rs 1,111.50 crore during the September quarter.

This cabin trim line is capable of assembling 56 cabins per shift across two shifts, addressing the growing demand for larger commercial vehicle cabins.

NLC India aims to gain experience in domestic critical mineral mining and is open to exploring international opportunities in the future